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Lynchburg National Bank 901 Main St 28,118 SF 100% Leased Office Building Lynchburg, VA 24504 For Sale 7% Cap Rate
Investment Highlights
- Opportunity Zone location offering substantial tax advantages
- Additional space available for new users or expansion of data operations
- Existing leased data center operations generating immediate income
- Fiber-rich environment with planned multi-megawatt power increases
Executive Summary
Investment Developer Opportunity
– Edge Data Center Site with Available Infrastructure
– Investment Opportunity with 12,000 sqft of leased Data Center space
– 7+% Cap Rate Based on 10-year Income
– Tax Credits Available
Reach out for additional information and financials!
– Edge Data Center Site with Available Infrastructure
– Investment Opportunity with 12,000 sqft of leased Data Center space
– 7+% Cap Rate Based on 10-year Income
– Tax Credits Available
Reach out for additional information and financials!
Data Room Click Here to Access
- Market Information
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
28,118 SF
Building Class
B
Year Built
1916
Cap Rate
7%
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,030 SF
Building FAR
3.40
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
B4 - Zoned B-4, the property allows for both commercial and residential uses.
Amenities
- Security System
Walk Score®
Very Walkable (83)
Property Taxes
| Parcel Number | 024-50-004 | Improvements Assessment | $1,152,400 |
| Land Assessment | $253,500 | Total Assessment | $1,405,900 |
Property Taxes
Parcel Number
024-50-004
Land Assessment
$253,500
Improvements Assessment
$1,152,400
Total Assessment
$1,405,900
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Lynchburg National Bank | 901 Main St
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